EDA: $1.25 Million in CARES Act Recovery Assistance Invested to Expand Fairview Regional Medical Center in Fairview, OK
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million CARES Act Recovery Assistance grant to the city of Fairview, Oklahoma, to assist in the expansion of the outpatient therapy department of Fairview Regional Medical Center. This EDA grant, to be matched with $336,199 in…
EDA: $500,000 in CARES Act Recovery Assistance Invested to Support Safe Businesses Reopening Efforts in Redmond, WA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 CARES Act Recovery Assistance grant to OneRedmond, Redmond, Washington, to provide technical assistance needed to help coronavirus-impacted small businesses reopen safely and successfully. This EDA grant, to be matched with $160,000 in local investment, is expected to create or retain 2,000…
CDFI Fund: Change in Deadline for Annual Certification and Data Collection and Compliance Reports
The Community Development Financial Institutions Fund (CDFI Fund) is extending the deadline to submit Annual Certification and Data Collection Reports (ACRs) and compliance reports for organizations with an upcoming reporting deadline between March 28 and 31, 2021. The new deadline to submit these reports is April 30, 2021. The ACR and compliance report submission deadline is…
Census Bureau: Small Business Pulse Survey Phase 4 Weekly Data Released
The U.S. Census Bureau today released new data from the fourth phase of the Small Business Pulse Survey (SBPS). Data collection began Feb. 15. Results will be released weekly Feb. 25 to April 22. The SBPS includes questions on topics such as location closings, changes in employment, disruptions in the supply chain, the use of federal assistance initiatives such…
SBA: American Rescue Plan Act Elevates Small Business Support in Response to COVID-19 Pandemic
Statement from SBA Senior Advisor Michael Roth Upon President Biden signing the American Rescue Plan Act of 2021 into law, the U.S. Small Business Administration’s Senior Advisor Michael Roth stated: “The American Rescue Plan Act enables the SBA to continue to lift up the cornerstones of our communities; the mom-and-pop businesses and nonprofits that provide essential services for…
FHFA: COVID-Related Loan Flexibilities Further Extended Until April 30, 2021
Some flexibilities expected to be retired on April 30, 2021 The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) will extend temporary loan origination flexibilities until April 30, 2021. The temporary flexibilities are designed to ensure continued support for borrowers during the COVID-19 pandemic. All temporary flexibilities were…
CFPB: Abusiveness Policy Statement Rescinded to Better Protect Consumers
Today, the Consumer Financial Protection Bureau (CFPB) announced it is rescinding its January 24, 2020 policy statement, “Statement of Policy Regarding Prohibition on Abusive Acts or Practices.” Going forward, the CFPB intends to exercise its supervisory and enforcement authority consistent with the full scope of its statutory authority under the Dodd-Frank Act as established by…
FEMA: President Biden Approves Major Disaster Declaration for Louisiana
FEMA announced that federal disaster assistance has been made available to the state of Louisiana to supplement state, tribal and local recovery efforts in the areas affected by the severe winter storms from Feb. 11-19, 2021. The President’s action makes federal funding available to affected individuals in Avoyelles, Bienville, Bossier, Caddo, Calcasieu, Catahoula, Claiborne, Concordia,…
Census Bureau: Household Pulse Survey Phase 3 Biweekly Data Released
The U.S. Census Bureau today released new data from the extension of the third phase of the experimental Household Pulse Survey. The extension includes intent-to-vaccinate and stimulus payment questions. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing…
Census Bureau: 2020 Housing Vacancy Survey Annual Statistics Released
The U.S. Census Bureau today released the 2020 Housing Vacancy Survey. These statistics provide vacancy rates, homeownership rates and characteristics of units available for occupancy for the United States, regions, states and the 75 largest metropolitan statistical areas. Data for all geographies are available both quarterly and annually. Homeownership rates are also tabulated by age of…